# Efecty vs Mi Bancolombia

The clearest difference is rating: Mi Bancolombia at 3.4 against Efecty's 1.8. Mi Bancolombia also leads on ratings volume (1.4K vs 37) and update cadence (weekly vs every 2 weeks). Efecty's advantage is review sentiment (29% vs 14%). On price, ads, in-app purchases and monetization model there is nothing between them.

Both are free to download. Neither carries in-app purchases, so what you see is what you pay.

Mi Bancolombia holds the better App Store score, 3.4 against 1.8. That said, the two scores are not equally well evidenced: Mi Bancolombia has 1.4K ratings behind it against 37, so its average is the more settled of the two. Written reviews complicate that: 29% of Efecty's written reviews are positive against 14% of Mi Bancolombia's, so the app with the better star average is not the one people write more warmly about.

Efecty ships an update every 2 weeks, Mi Bancolombia weekly. The most recent releases landed on September 23, 2026 and September 25, 2026 respectively.

## The numbers

| Metric | Efecty | Mi Bancolombia |
| --- | --- | --- |
| Price | Free | Free |
| Rating | [1.8 (37 ratings)](https://appshunter.io/ios/app/efecty/id712562218/reviews) | **[3.4 (1.4K ratings)](https://appshunter.io/ios/app/mi-bancolombia/id6526460670/reviews)** |
| Number of ratings | 37 | **1.4K** |
| Positive reviews | **28.6% of reviews** | 13.5% of reviews |
| In-app purchases | No | No |
| Ads | No | No |
| Update frequency | Every 2 weeks | **Weekly** |
| Monetization | Free | Free |
| Size | 83 MB | 246 MB |
| Requires iOS | 14.0 | 14.0 |
| Devices | **iPhone, iPad, iPod** | iPhone, iPod |
| Age rating | 4+ | 4+ |
| Developer | [Efectivo Ltda.](https://appshunter.io/developer/712562221) | [Bancolombia s.a.](https://appshunter.io/developer/565101006) |

## What reviewers say

### Efecty

[App page](https://appshunter.io/ios/app/efecty/id712562218)

Manage your finances and send money with ease. This app allows you to send and receive money transfers, pay bills, and find nearby service points. You can also open an electronic deposit account to manage your funds, make various payments, and transfer money to other banks.

**Highlights:** Send money transfers, Consult sent and available transfers, Pay obligations from various agreements, View service tariffs, Locate physical service points, Open an electronic deposit account, Transfer money to other banks

**Features:** macOS Compatibility, Vision Pro support

**In-app purchases:** none


### Mi Bancolombia

[App page](https://appshunter.io/ios/app/mi-bancolombia/id6526460670)

Manage your finances on the go with this comprehensive banking application. Easily transfer money, pay bills, open accounts, and access various financial services. Personalize your experience with features like dark mode and custom gift cards.

**Highlights:** Send and receive money instantly, Open accounts and apply for credit cards online, Pay bills and manage invoices, Personalize app experience, Save for goals with 'Bolsillos', QR code payments, Track expenses

**Features:** Apple Wallet, Vision Pro support

**In-app purchases:** none

**What reviewers like**

- 🚀 Fast and responsive
- 👍 Intuitive and user-friendly
- 💡 Personalized experience

**What reviewers complain about**

- 🐛 Frequent crashes and errors
- 🔒 Issues with dynamic password activation
- 📍 Lack of feature parity with previous app
- 🤔 Confusing navigation and layout

**Reported bugs**

- Unable to complete transactions due to dynamic password issues
- Disappearing contact lists and account information
- Inconsistent error messages and failed processes

**Requested features**

- Ability to view account holder names for transfers
- Option to add notes/descriptions for transactions
- Seamless integration with previous app data and settings


## Frequently asked questions

### Is Efecty free?

Efecty is free to download, with no in-app purchases.

### Is Mi Bancolombia free?

Mi Bancolombia is free to download, with no in-app purchases.

### Which has better reviews, Efecty or Mi Bancolombia?

Mi Bancolombia is rated higher. Efecty averages 1.8 out of 5 from 37 ratings, while Mi Bancolombia averages 3.4 from 1.4K ratings.

### Do Efecty or Mi Bancolombia have ads?

Neither Efecty nor Mi Bancolombia shows ads.

### Which is updated more often, Efecty or Mi Bancolombia?

Efecty ships an update every 2 weeks, and Mi Bancolombia weekly. Most recently, Efecty was updated on September 23, 2026 and Mi Bancolombia on September 25, 2026.

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*Compared by [AppsHunter](https://appshunter.io/) from daily US App Store data. Review summaries are generated from verbatim App Store reviews.*